Singapore in talks about Virgin stake

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Singapore Airlines says it's in talks to sell its 49 per cent stake in Virgin Atlantic.

The airline said in a statement it's in discussions with "interested parties" about a sale.

A person with knowledge of the possible deal told The Associated Press that Atlanta-based Delta Air Lines Inc. is in talks with Singapore Airlines about buying the Virgin Atlantic stake. The person requested anonymity because the talks are ongoing.

The remaining 51 per cent of Virgin Atlantic is owned by billionaire Richard Branson, who founded the airline in 1984.

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